Mistakes to Avoid When Choosing a Buyers Agent in Sydney
admin February 15, 2025 Mistakes to Avoid When Choosing a Buyers Agent in Sydney Buying property in Sydney is a...
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January 23, 2025
Sydney’s property market saw a notable decline in December 2024, closing the year on a more subdued note. According to CoreLogic, dwelling values in Sydney decreased by -0.6% for the month and -1.4% for the quarter, reflecting softer buyer demand and increased advertised stock levels. Despite this, annual growth remains positive at 2.3%, maintaining Sydney’s position as Australia’s most expensive market with a median dwelling value of $1,191,955.
Houses and units displayed divergent trends. While house values dropped by -0.7% in December, units declined by only -0.3%. Over the year, houses experienced annual growth of 2.5%, while units saw a 1.8% increase. The relative affordability of units is attracting buyers, especially as rising interest rates impact borrowing capacities.
Sydney’s property market remains a dynamic and resilient landscape, now characterized more by stabilization than by rapid growth. As a buyer’s agent at Ash Buyers Agency, I advise clients to take a cautious yet proactive approach, capitalizing on market opportunities while navigating affordability constraints. With careful planning, Sydney’s housing market continues to offer solid prospects for both homeowners and investors.
If you’re looking for expert guidance in navigating Sydney’s dynamic property market? Reach out to us at Ash Buyers Agency for personalized assistance in finding the right property or investment opportunity that fits your needs. Let our experienced team support you in making informed decisions in 2025’s evolving real estate landscape. Reach out to us at +61 434 111 200 to schedule a consultation today.
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